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OceanaGold's Philippine Gold and Copper Mine Back on Track

OceanaGold Ltd, an Australian listed mining company, announced on Thursday that its Didipio gold and copper project in the Philippines was on track. Commercial production is being seen possible by early 2013 for the mine as all local laws have been met with compliance.

Company Chief Executive Officer Mick Wilkes said that the company had also upheld ethical, responsible and sustainable mining operations. This was a reaction to alluded violation of human rights of indigenous people by the government’s human rights body in Manila.

The head of the human rights commission Loretta Ann Rosales had said on Monday that the agency had found OceanaGold violating the indigenous people’s rights to adequate housing, freedom of movement and manifesting their culture and identity.

The mine is located in the Nueva Vizcaya province and is expected to have a life of about 20 years. The Didipio mine situated north of the capital holds 1.41 million ounces of gold and 169,400 tonnes of copper as per a report released by OceanaGold.

Construction on the mine was halted in late 2008 when it was seen as too high a cost at $320 million. However last October the company decided to restart work on the project with an initial estimated cost of $140 million.

Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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